Check Availability
$887,375
↓ $27K (3%)
● Land - For Sale

8541 W Faust LANE

Homosassa, FL 34448
bedrooms
Studio
bathrooms
0 Bath
$4,386
Est. Monthly

About This Property

Positioned directly on US Hwy 19/98 in the heart of Homosassa, this 1.43± acre GNC commercial parcel offers 270± feet of prime highway frontage with exceptional visibility and direct exposure to 21,500 vehicles per day. Located within the Tampa–St. Petersburg–Clearwater MSA, the 18th largest MSA in the United States, the site sits in the center of Citrus County's most established and rapidly expanding retail corridor.

The property allows for a broad range of commercial uses including restaurant (drive-thru or sit-down), gas station/C-store, neighborhood shopping center, medical/professional office, and general retail or service-based concepts. The combination of zoning flexibility, frontage depth, and traffic volume makes it ideally suited for national QSR operators, fuel brands, medical users, and service-based retailers seeking dominant visibility in a high-growth market.

Surrounding national and regional retailers include Publix, Tractor Supply, RaceTrac, 7-Eleven, Walgreens, AutoZone, McDonald's, and Wendy's, providing established co-tenancy synergy and consistent daily consumer traffic. The corridor is further strengthened by year-round tourism and outdoor recreation, driven by proximity to Ellie Schiller Homosassa Springs Wildlife State Park and the Homosassa River, both of which attract anglers, eco-tourism visitors, and seasonal residents.

Citrus County is one of the fastest-growing counties in Florida, with a current population of approximately 153,600 residents projected to exceed 350,000 by 2030 per County growth planning estimates. The region continues its transition into a major residential, healthcare, and service hub within the Tampa Bay sphere of influence.

Significant infrastructure investment continues to accelerate long-term growth. The $135 million expansion of the Suncoast Parkway and the planned northern Phase 3 extension-just north of the subject property-will provide direct one-hour access to Tampa International Airport and major employment centers, dramatically increasing regional connectivity, tourism flow, and commercial demand.

Within a 15-minute trade area, the property serves approximately 46,361 residents with stable demographics (average age 58; median household income approximately $65,000). The combination of sustained population growth, expanding infrastructure, and strong retail clustering positions this site as a high-visibility, future-proof commercial investment opportunity.
Unit Size
-
Days on Market
267 days
Land Size
1.43 acres
Price per sqft
-
Property Type
Land
Property Taxes
$28
HOA Dues
-
Year Built
-

Listed By

Elias Kirallah
CENTURY 21 J.W.MORTON R.E.

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Last updated: 2 days ago (Citrus MLS #852251)

Price History

Date / Event Date Event Price
Jul 22, 2026 Price Decreased $887,375
↓ $27K (3%)
Price Decreased
Jun 23, 2026 Price Decreased $914,820
↓ $28K (3%)
Price Decreased
May 21, 2026 Price Decreased $943,112
↓ $50K (5%)
Price Decreased
Apr 22, 2026 Price Decreased $992,750
↓ $52K (5%)
Price Decreased
Mar 21, 2026 Price Decreased $1,045,000
↓ $55K (5%)
Price Decreased
Show More

Property Highlights

Exterior Details
Lot Features: Level, Wooded
Lot Size Area: 1.43
Lot Size Units: Acres
Lot Size Acres: 1.43
Lot Size Square Feet: 62290
Lot Size Dimensions: 270 x 270
Water Source: Well
Financial Details
Tax Annual Amount: $341
Utilities Details
Sewer : Septic Tank

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 62,315
  • Lot Size Depth Feet: 2,700
  • Lot Size Frontage Feet: 2,700
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: HOMOSASSA UNIT 1 (PT0000)
  • Land Acres: 0000001431
  • Standard Land Use Code: 8002
  • County Land Use Code: 1000
  • Legal Description 1: UNIT 1 OF HOMOSASSA PB 1 PG 43 LOTS 1 2 3 4 5 6 7 8 9 10 11 12 13 & 14 BLK 17

Neighborhood

  • School District Name: Citrus County School District
  • School Tax School District: 00WD
  • Census Tract: 451502

Zoning

  • Zoning: GNC

Geography

  • Account Number: 1123488
  • Parcel: 17E-19S-22-0010-00170-0010
  • Block: 17
  • Lot: 1
  • Meridian: SEC 22 TWN 19S RNG 17E
  • Municipality: HOMOSASSA SPECIAL WATER
  • Latitude: 28.8098
  • Longitude: -82.5759

    Address

  • Full Address: 8541 W Faust Ln
  • Legal Unit: 1
  • Address - House Number: 8541
  • Street Direction: W
  • Address - Street Name: Faust
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Homosassa
  • Zip Code: 34448

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,187
  • Tax Rate Code Area: 00WD

    Market Valuation

  • Market Total Value: $15,810
  • Market Land Value: $15,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,810
  • Assessed Land Value: $15,810

    Sales

  • Current Sale Contract Date: Nov 10, 2014
  • Current Sale Recording Date: Nov 17, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014050947
  • Previous Sale Recording Date: Aug 01, 2014
  • Previous Sale Contract Date: Aug 01, 2014
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Homosassa Springs


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Frequently Asked Questions

When was property at 8541 West Faust Lane built and last sold?
The property at 8541 West Faust Lane was built in and last sold on Nov 10, 2014 for $2,500.
How much is this home worth?
The estimated value of the home located at 8541 West Faust Lane is $896,249.
What are some comparable homes to 8541 West Faust Lane?
There are currently no comparable homes to 8541 West Faust Lane.